Industrial new orders up by 1.9% in euro area
In December 2011 compared with November 2011, the euro area (EA17) industrial new orders index rose by 1.9%, after a fall of 1.1% in November. In the EU27 new orders increased by 1.3% in December 2011, after a decrease of 1.2% in November. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders gained 2.5% in the euro area and 2.6% in the EU27.

Construction output up by 0.3% in euro area
In the construction sector, seasonally adjusted production rose by 0.3% in the euro area (EA17) and fell by 0.4% in the EU27 in December 2011, compared with the previous month. In November, production increased by 0.2% and 0.6% respectively.

Euro area and EU27 GDP down by 0.3%
GDP fell by 0.3% in both the euro area (EA17) and the EU27 during the fourth quarter of 2011, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union. In the third quarter of 2011, growth rates were +0.1% and +0.3% respectively.

Euro area external trade deficit 7.7 bn euro
The first estimate for the euro area (EA17) trade in goods balance with the rest of the world in December 2011 gave a 9.7 bn euro surplus, compared with -1.7 bn in December 2010. The November 2011 balance was +6.3 bn, compared with -2.3 bn in November 2010. In December 2011 compared with November 2011, seasonally adjusted exports rose by 0.1% while imports fell by 0.9%.

Eurostat indicators to support the detection of macroeconomic imbalances
Eurostat, the statistical office of the European Union, publishes for the first time today the indicators of the Macroeconomic Imbalance Procedure (MIP) Scoreboard. The Scoreboard indicators provide the statistical support to the Commission's Alert Mechanism Report. The headline indicators are available on a dedicated section of the Eurostat website, which will be regularly updated as the underlying data become available. For Walter Radermacher, Director General of Eurostat, "This is a confirmation of Eurostat's role as the leading provider of high quality European statistics. For the Commission, it is very important that the statistical information used in the Alert Mechanism is compiled according to the principles of the European Statistics Code of Practice of the European Statistical System. The Code ensures the relevance, comparability and quality of the data, produced by independent statistical institutions."

Industrial production down by 1.1% in euro area
In December 2011 compared with November 2011, seasonally adjusted industrial production fell by 1.1% in the euro area (EA17) and by 0.6% in the EU27. In November production remained stable in both zones.

EU27 exports to China up by 21% and imports by 5% in the first ten months of 2011
EU27 trade in goods with China has grown significantly over the last decade. EU27 exports to China rose continuously from 26 billion euro in 2000 to 113 bn in 2010. Despite the general decline in EU27 exports in 2009, EU27 exports to China continued to increase. EU27 imports from China rose from 75 bn in 2000 to 248 bn in 2008, then declined to 214 bn in 2009, in line with the general fall in EU27 imports, before reaching a new peak of 283 bn in 2010. As a result, the EU27 trade deficit with China increased from 49 bn in 2000 to 169 bn in 2010.

EU27 trade in goods with India increased by 20% in the first ten months of 2011
EU27 trade in goods with India reached a peak in 2010, after the decrease recorded in 2009 which interrupted a period of growth since 2001. EU27 exports to India fell from 31.3 billion euro in 2008 to 27.4 bn in 2009, then rose to 34.8 bn in 2010. Imports decreased from 29.5 bn in 2008 to 25.4 bn in 2009, then increased to 33.2 bn in 2010. As a result, the EU27 trade surplus with India fell from 2.0 bn euro in 2009 to 1.6 bn in 2010.

Güncelleme:23.02.2012 02:10:20